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$375,000 Just Listed

  • For Sale
  • Active
  • Multi-Family
  • Updated 4 hours ago
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hows this?Two Detached Homes on One Lot - Vacant Unit Ready for Move-InRare opportunity in a convenient Springfield location! This unique property features two separate homes on a single lot, offering privacy and flexibility hard to find at this price point. With a combined total of approximately 2,800 sq. ft., the property consists of a spacious 3-bedroom main house and a separate 2-bedroom residence. This setup is perfect for multi-generational living or an owner-occupy strategy where you can move into the vacant unit immediately while generating income from the other.Both homes feature nearly new roofs, and the gray home has been updated with newer vinyl siding. Located close to schools, shopping, and everyday amenities with easy access to commuter routes.Please Note: One unit is currently vacant and easy to show. The second unit is tenant-occupied; please do not disturb the tenants.

Full Property Details for 425 S 3rd St

General

  • Price: $375,000
  • Taxes: $3,300
  • Status: Active
  • Type: Multi-Family
  • Source: RWMLS
  • MLS ID: 588015404
  • Updated: 1/21/2026
  • Added to Site: 1 day(s) ago

Rental Information

  • Rent Includes: None

Parking

  • Garage: Yes
  • Total Spaces: 4

Location

  • County: Lane
  • Driving Directions: S on 2nd, L on S. C st, R on S 3rd

School Information

  • Elementary School: Other
  • Middle School: Springfield
  • High School: Springfield

Community

  • Community Name: 249 - Lane Co: Springfield

Heating & Cooling

  • Heating Type: Baseboard, Forced Air
  • Heating Fuel: Electricity, Gas

Utilities

  • Sewer: Public Sewer
  • Water: Public Water

Structural Information

  • Property Detached: Yes
  • Square Feet: 2,803
  • Year Built: 1942

Lot Features

  • Lot Size (Acres): 0.18
  • Lot Size (Sq. Ft.): 7,840
  • Lot Size: 7, 000 to 9, 999 SqFt
  • Lot Features: Gentle Sloping

Financial Considerations

  • Tax Amount: $3,300.33
  • Terms: Cash, Conventional

Disclosures and Reports

  • Legal Description: to be provided at escrow
  • Disclosures/Reports: Disclosure
  • Property ID: 315612

Listed by Kelly Right Real Estate of Portland, LLC (503) 719-6056, Mack Spear (503) 739-4935 and Kelly Right Real Estate of Portland, LLC (503) 719-6056, Melissa Burman (435) 513-2602

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Listing agents

— 425 S 3rd St —

  • Mack Spear

    Kelly Right Real Estate of Portland, LLC

    503-719-6056

  • Melissa Burman

    Kelly Right Real Estate of Portland, LLC

    503-719-6056

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NMLS#: 1598647

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Save up to an additional 20% by bundling your home and auto together!

Be ready to buy your new home!

with our affiliated lender
NMLS#: 1598647

Get Pre-Approved

Find the right home insurance for your new home!

with our affiliated in-house agency

Request a Quote

Save up to an additional 20% by bundling your home and auto together!

Schools serving 425 S 3rd St

School District:Springfield School District 19
NameGradesDistance
Two Rivers Dos Rios Elementary School
1084 G Street, Springfield, OR 97477
K-50.9 mi
Hamlin Middle School
326 Centennial Boulevard, Springfield, OR 97477
6-81 mi
Springfield High School
875 7th Street, Springfield, OR 97477
9-120.8 mi
Disclaimer: School attendance boundaries provided by Pitney Bowes and are for reference only. Contact the school directly to verify enrollment eligibility.

Price & Sales History for 425 S 3rd St Get Price Alerts and Save Property

Date
Details
Price
Change
Source
1/21/2026
Listed
$375,000
81.6%
MLS
6/07/2006
Sold
$206,500
—
Public Record
Get Price Alerts and Save Property
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

Tax History for 425 S 3rd St

Year
Property Taxes
Change
Tax Assessment
Change
2025
$3,300
2%
$179,977
3%
2024
$3,247
4%
$174,735
3%
2023
$3,109
5%
$169,646
6%
2021
$2,953
-2%
$159,908
-3%
2022
$3,007
2%
$164,705
6%
2021
$2,953
6%
$155,251
3%
2019
$2,781
6%
$150,730
3%
2018
$2,621
4%
$146,340
3%
2017
$2,521
2%
$142,078
3%
2016
$2,468
3%
$137,940
3%
2015
$2,397
2%
$133,922
3%
2014
$2,361
2%
$130,021
3%
2013
$2,315
—
$126,234
—
View All
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

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Listed by Kelly Right Real Estate of Portland, LLC (503) 719-6056, Mack Spear (503) 739-4935 and Kelly Right Real Estate of Portland, LLC (503) 719-6056, Melissa Burman (435) 513-2602

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425 S 3rd St, Springfield, OR 97477 (MLS# 588015404) is a Multi-Family property with 2 units containing 0 bedrooms and 0 full bathrooms. 425 S 3rd St is currently listed for $375,000 and was received on January 21, 2026. Want to learn more about 425 S 3rd St? Do you have questions about finding other Multi-Family real estate for sale in Springfield? You can browse all Springfield real estate or contact a Coldwell Banker agent to request more information.

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